Should I use the equity in my current home to purchase another!

[Matthew Hunter]

I purchased my home with a conventional loan, 3% down payment. There’s roughly $30k in equity in the home. The wife and I are looking for a bigger home but want to keep and rent out our current home. Should we use the equity in our current home to purchase another home if it’s a 10-20% down payment? Any tips on where to go from here when starting this real estate journey?